XRP: The Final Frontier of Desperation (Or Is It?)

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It is with a mixture of dread and delight that we observe the weekly RSI levels for XRP have plummeted to such a state of utter despondency that even the most hardened of market commentators, EGRAG CRYPTO, have declared it “extremely oversold.” One might think this a proper entry zone, though one suspects the only thing being accumulated here is existential despair.

While EGRAG’s chart unfurls the grand spectacle of XRP’s broader narrative, another analyst-Crypto Tony, who appears to have spent far too much time staring at candlesticks-has taken a more sardonic approach. He intends to short XRP upon reaching a certain level, though one wonders if this is a calculated move or merely a desperate attempt to prove he still remembers how to trade.

The Most Oversold in History? Truly?

EGRAR, that paragon of bullish optimism (save for when it concerns your savings), has declared XRP to be in “the most oversold region in its history.” This is, of course, a bold claim given that history itself seems to be in a state of flux these days. They further opine that such RSI levels have historically coincided with bottoms in 2014, 2015, 2018, 2020, and 2022. One might infer that this is a four-year cycle of madness, though the bulls seem to forget it each time.

EGRAR concedes, with the air of someone reluctantly admitting they’ve run out of wine, that while XRP may have reached a macro bottom, the “exact bottom” will not print itself like a poorly written sonnet. Instead, it enters its “final phase,” which is described as follows:

  • A liquidity sweep so final it makes a Victorian housemaid blush
  • Sideways accumulation, because nothing says “confidence” like standing still
  • A gradual reversal, assuming gravity hasn’t abandoned the market entirely

“This is why many experienced investors begin accumulating here,” they intoned, “for who better to trust than the very people who have already lost everything?”

Short XRP? A Noble Pursuit?

Crypto Tony, ever the contrarian, has weighed in on XRP’s recent price performance with the enthusiasm of a man who has bet his last shilling on a dice roll. After plunging to $1.21, rebounding to $1.55, and then retreating to a “tighter range” between $1.34 and $1.48, he now seeks to short the upper boundary at $1.47-$1.48. Alas, XRP has thus far rejected his advances, lingering near $1.40. The bulls, he notes, must “flip this into support,” though they have yet to do so with anything resembling decisiveness.

$XRP / $USD – Update

I would love a spike up to $1.47 to short it. Bulls need to flip $1.40 into support. One might suggest they try harder.

– Crypto Tony (@CryptoTony__) March 10, 2026

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2026-03-10 17:30